Oftel will still investigate BT's reseller policy, despite the telco backtracking from a deal where it broke discount protocol in order to beat a rival bid.
Last week, Oftel issued a provisional order against BT, after it undercut an offer by virtual network service provider Vanco, during contract negotiations for a multi-million pound deal to provide networking services to IBM.
BT won back the business after re-bidding through reseller RHM, but Oftel claimed the discount was not transparent.
The telco was then given the choice to withdraw from the deal or reveal its discounts. Rather than reveal its discount it has decided to pull out.
A spokesman from BT said: "We are satisfied that an amicable solution has been reached."
Oftel has promised to look closely at BT's use of indirect partners to win business.
In a statement David Edmonds, director general of telecoms at Oftel, said that he welcomed "steps BT has taken to comply with its licence and the commitments it has given to ensure that similar unacceptable behaviour does not occur again".
But he also warned that Oftel would "monitor implementation of BT's commitments closely as part of our wider investigation into the use of third-party agents by BT."
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